March 30, 2021

Competition

BYJU’S Becomes Second Highest-Valued Indian Startup After $460 Mn Fundraiseedit

The Financial Express – Online Web

Bengaluru-based edtech giant BYJU’S has now become the second highest-valued Indian startup, trailing only digital payments giant Paytm, after raising INR 3,328 Cr (about $460 Mn) as a part of its ongoing Series F funding round.

Industry

Edtech platform Great Learning collaborates with Jain Universityedit

The Financial Express – Online Web

Edtech platform Great Learning has tied up with Jain (deemed-to-be university) Bengaluru to offer contemporary online degree programmes in high-demand domains that are seeking a skilled workforce.

AI And EdTech: A Match Made In Heavenedit

Forbes – Online Web

While it is generally known that AI can be used to understand student learning patterns and improve learning outcomes, this is not the only AI innovation that has occurred in EdTech. I cover three unexpected areas where innovative AI has been applied with great effect to help kids and families.

Main board listing is the holy grail for startup foundersedit

ET Markets – Online Web

Public markets have been buzzing with optimism for the future. The stellar public listing of Happiest Minds, Mrs Bector, D-Mart and others coupled with surge in markets is prompting many a startup to unlock value by listing on the bourses. India is also set to ease rules to encourage startups to go public on the Innovators Growth Platform (IGP), providing an exit route for startup investors and help public access the high growth digital era companies.

Unicorns of 2021: Five Star Finance latest entrant to $1B club; takes total number to 3edit

Your Story – Online Web

The potential soonicorns poised to turn unicorn in 2021 include agritech startup CropIn, social commerce SaaS Meesho, e-pharmacy startup Pharmeasy, logistics company BlackBuck, auto-tech startup CarDekho, hyperlocal consumer services firm Urban Company, and edtech startup Vedantu, among others.

Global $2.38 Billion Online Tutoring Markets, 2015-2019, 2023F, 2025F, 2030Fedit

Yahoo Finance – Online Web

Major players in the online tutoring market are Vedantu Innovations Pvt. Ltd., China Distance Education Holdings Ltd., Chegg, BYJU’S, Embibe, Khan Academy, TutStu Education, Club Z! Inc., iTutorGroup, and New Oriental Education & Technology Group.

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